Cash Out Betting Sites in Nigeria

Thanks to the cash-out feature, you now have the option to recoup some money when your favorite team is falling your hand! Check out out carefully selected and analyzed cash out betting sites and make the most of them.

Best Cash Out Betting Sites in Nigeria

Company Bonus Pros & ConsVisit Bookmaker
Bet9ja bonus
Bet9ja bonus
Bet9ja
5/5
Multiple Boost Up To 170%
Pros & Cons
➕ Offers cash out on all sports
➕ Reasonable cashout offer
➕ One click cash out
➖ No cut 2 betting offer
1xBet bonus
1xBet bonus
1xBet
5/5
300% Bonus Up To ₦145,600
Pros & Cons
➕ Offers cash out on most sports
➕ OK cashout offer
➕ Fast cashout process
➖ Can be cancelled at any time
Betking bonus
Betking bonus
Betking
4/5
Free Bet Up To ₦1,000,000
Pros & Cons
➕ Offers cash out on all sports
➕ High cash out offer
➕ Offers Cut 2 betting feature
➖ No auto cash out
List of Betting Sites that Offer Cash Out
Company Bonus minOdds minDepositVisit Bookmaker
Betano bonus
Betano bonus
Betano
4/5
Welcome Bonus Up To ₦200,000
minOdds
3.0
minDeposit
₦100
Betway bonus
Betway bonus
Betway
5/5
100% Bonus Up To ₦250,000
minOdds
2.0
minDeposit
₦500
200% Bonus Up To ₦100,000
minOdds
1.4
minDeposit
₦400
22Bet bonus
22Bet bonus
22Bet
4/5
100% Up To ₦207,500
minOdds
1.4
minDeposit
₦1700
Triple Bonus Up To ₦150,000
Bonus on 1st, 2nd and 3rd Deposits
minOdds
1.40
minDeposit
₦500
100% Bonus Up To ₦10,000
minOdds
1.50
minDeposit
₦500
Wazobet bonus
Wazobet bonus
Wazobet
5/5
110% Bonus Up To ₦55,000
minOdds
1.35
minDeposit
₦100
N1Bet bonus
N1Bet bonus
N1Bet
3/5
Bonus on First and Second Deposits
minOdds
1.01
minDeposit
₦100

Ranking the best Cash out betting Site

This is one of the most important features of a bookmaker. Not many betting sites are generous enough to offer this feature.

This page will tell you all the betting sites that allow you to cash out your bets even before the game ends. Based on our analysis, we will explain the best bookmaker that does not only offer cashout but high amounts on a variety of sports and, of course, leave you to be the judge. Let's get right in.

Cash out allows you to retreat from your bet and reclaim your money

Best Betting Site with Cash Out

In the table below, we have highlighted the best cashout betting sites and the number of sports they offer cashout on.

Betting sites with cashout feature
Sports Cashout
Sign up here
1. Bet9ja
Available on over 25 sports
2. 1xBet
Available on over 20 sports
3 Betking
Available on over 15 sports
4. Betano
Available on over 15 sports
5. Betway
Available on over 10 sports

Frequently Asked Questions About Betting Sites with Cash Out

🤔 What are the best football cash out sites

There are various cashout betting sites in Nigeria, and we have listed over 10 of them. However, when it comes to football, some bookmakers are more advantageous than others. Based on our research, Bet9ja comes first because it is a typical Nigerian bookie that understands punters' needs. Bet9ja also offers a high cashout amount.

🤔 Which betting app has the best cash out in Nigeria?

There is no telling the specific amount a bookmaker App will offer you as cashout, but some betting apps are more generous than others. Check out Bet9ja App, 1xbet App and Betano App.

🤔 Does 1xbet have cash out option

Yes, 1xBet offers a cashout option to its constant users.

🤔 What are the fastest cash out methods

Having tried different betting sites, I can tell you that Direct bank transfers can be relatively fast, depending on the bank you use.

As soon as you request to cash out, it is automatically deposited into your betting account, after which you can withdraw into your personal bank account. All betting sites in Nigeria offer this feature.

A Practical Example of How Cash Out Works
Adebimpe Temidayo
Adebimpe Temidayo - MBS Editor

Let us assume that you have placed a live bet on Arsenal to beat Liverpool at odds of 3.0, yielding potential winnings of N30,000. If Arsenal has a 2-0 lead at halftime, a bookmaker may offer you a cash-out offer of N20,000. This value exceeds your stake because your bet is going well but is less than your potential winnings.

You can then decide between taking the cash out money or trusting Arsenal to hold on to the lead for the rest of the match. If Arsenal win at the end of the match, you get your N30,000; if they don't win, you get nothing.

You can now end your bets and protect them from your village people, thanks to the cash out option!

On the flip side, if Liverpool has the 2-0 half-time lead, the cashout amount will most likely be lower than your stake, say, N6000, because you are far from winning the live bet.

The smart thing to do in this case would be to accept the offer and cut your losses.

The other option is to reject the offer and hope for a dramatic Arsenal fightback. If that fightback does not happen by the end of the match, you will walk away with nothing.

The further you are from winning your bets, the lower the value of your cash out amount. For instance, if Arsenal still loses 2-0 after 75 minutes, the cash out value may drop to N3000. At some point, the offer will be withdrawn.

Understanding the concept of cashing out is very simple, and It's guaranteed fun.

Types of Cash Out

Cash Out functions under a general principle: It allows you to close your bets and claim some money while the events on your bets are still happening. However, the feature also has different variants.

A cash out offer may be any of the following:

  • Full Cash Out
  • Partial Cash Out
  • Auto Cash Out

- Full Cash Out

This is pretty straightforward. If you cash out fully, you withdraw all the money available in the cash-out offer. This is the most basic form found in most bookmakers in Nigeria.

- Partial Cash Out

Partial cash out allows you to cash out on a percentage of your stake, leaving the remaining percentage to run on the initial bet.

For example, if you stake N20,000 on Manchester United to beat Real Madrid, at odds of 4.0, the potential winning is N80,000.

If Manchester United is leading 1-0 at halftime, you may get an offer of N50,000. If a partial cash-out is available, you can choose to cash out on a fraction of your stake and leave the other part to run normally.

Not many betting sites have this feature.

- Auto Cash Out

Usually, when you cash out, you do it while monitoring your bets on your smart phone or on a computer screen, but the amazing auto cash out feature allows you to end your bets even when you are away from the internet.

So, if you think you'd be too busy to track the events on your betslip, you can use the auto cash out function to set your cash out parameters.

How does it work? Well, all you have to do is to set a cash out amount after placing your bet. Once the cash out value reaches that amount, your bet automatically ends and your account is credited with the cash out value.

What Else is there To Know about betting site with cash out
Leye Ayodele
Leye Ayodele

If you are a first-timer, it's okay to ask a few questions about this awesome feature. Our editor here at My Betting Sites Nigeria has taken the time to answer some questions with very clear examples. You can click on the dropdown below to find answers.

When should I Cash out?

The cashout option is not always present, so it is important to consider it carefully whenever the offer is available. Deciding whether or not to cash out can be difficult, especially when your bet is going very well.

If you accept the offer, the cash out amount will be less than your potential winnings, but if you reject the offer, you may win nothing. An unwritten rule is to cash out when the profit is significant instead of taking a chance and ending up with nothing.

Quote: Cash-out offers do not last for the entire match and can be removed at the bookmaker’s discretion without prior warning.

The decision to cash out or not is easier when your bet is losing. Once it is evident that your prediction is unlikely to happen, you can cash out and get back a percentage of your stake. You no longer have to wait hopelessly and helplessly and watch painfully as that team you have backed destroys your bet!

You can cash out on all bets, including live and pre-game bets. In a pre-game bet, you can even cash out before the start of the events.

What is Cash Out?

Cash out is a wonderful betting feature that allows you to end your bets and claims some money while events in your bet slip are still ongoing.

The value of the cash out amount may be greater or less than your initial stake, depending on the time you choose to cash out and how close you are to winning your bets. The value is always less than the potential winnings on your initial bets.

Cash out allows you to retreat from your bet and reclaim your money!

If you are close to winning your bet, the cash out value will be close to your potential winnings, but if your bet is losing, the amount will likely be lower than your initial stake. You can then accept the cash out offer and cut your losses. Like they say, half bread is better than none.

The cash out option is available for both pre-match and live betting, and can be used on single and multiple bets.

Why is Cash Out important?

Depending on the state of your bet, cash out allows you to cut your losses or make some profit by terminating the bet while the events in the bet slip are still going on.

Imagine a situation where nine events in your 10-game accumulator have gone well. The cash-out option gives you the option to close the bet and avoid the stress of waiting out the final event. Because you are very close to winning your bet, the cash-out amount will be very close to your potential winnings. Hence, you will make a very decent profit.

Whether it’s a profit or loss, cash out guarantees that you will make some money from your bets, which is never a bad thing!

In a scenario where your bet is losing, cash-out allows you to cut your losses and regain some money. The value of the cash-out amount will be lower than your stake, but at least you get to recoup some of your cash!

SUMMARY ON CASH OUT BETTING SITES

Tips on how to make the most of the cash out feature
Adebimpe Temidayo
Adebimpe Temidayo - MBS Editor

Some time ago, I bet on one of the best betting sites in Nigeria. Guess what? I slept off and did not return to it until all my games were over, only to realize I had lost my money. Well, this was avoidable only if I had been awake to monitor my games and use the cash-out feature.

The only tip I have for you is to ensure you monitor your games so that you can use the cash out feature when you become unsure of the teams you bet on. As a chelsea fan I know better!

Top 5 Betting sites that allow cash out

Company BonusVisit Bookmaker
#1
Bet9ja bonus
Bet9ja bonus
Bet9ja
5/5
₦200 Million Maximum Payout
Explosive Euro 2024 Odds
#2
1xBet bonus
1xBet bonus
1xBet
5/5
300% Bonus Up To ₦145,600
#3
Betking bonus
Betking bonus
Betking
4/5
Free Bet Up To ₦1,000,000
#4
200% Bonus Up To ₦100,000
#5
22Bet bonus
22Bet bonus
22Bet
4/5
100% Up To ₦207,500
Countries
×